Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Adjudication - ONO

Deputy Collector Adjudication issues ONO to release seized fabric on payment of duty

byM. Faizan
16/02/2017
in Adjudication - ONO, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Deputy Collector Customs Adjudication Dr. Wajid Ali issued order to release the seized foreign fabric on payment of duty and taxes leviable thereon, plus a redemption fine equivalent to 30% of the appraised value of seized goods.

According to details, an Order-in-Original passed by deputy collector, in seizure case 145/2017 of foreign origin fabric, it has been mention that foreign origin fabric was recovered from a truck bearing registration No: BSD-633. The owners were identified as Mehboob son of Abdul Aziz and Muhammad Aslam son of Muhammad Siddique residents of Burawala and on demand remained failed to produce any evidence documentary or otherwise.

You might also like

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

14/10/2026

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

14/10/2026

There were, therefore, reasons to believe that the recovered fabric had been brought into the country in violation of Section 2(s) & 16 of the Customs Act, 1969, the same were, therefore, seized under section 168 of the Customs Act, 1969.

The owners of the fabric pleaded before Deputy Collector Adjudication that they purchased the said cloth from the local market of Rawalpindi valuing Rs290,000 approximately, therefore, they want to release the said cloth at summary adjudication.

Deputy Collector passed the order and said that the respondent has failed to provide valid legal documents regarding lawful import of the aforementioned seized foreign origin fabric. It means that the seized fabric was non-duty paid.

During the hearing of the case, the respondent expressed their willingness to pay duty & taxes on seized fabric. The total appraised value of the seized fabric is Rs283,500, and there are 2 owners of the Cloth which when divided over 2 owners, is less than the statuary limit of Rs1,50,000 therefore keeping in view the aforementioned facts, a lenient view is taken and an option is granted to the rightful owners to redeem the same on payment of duty and taxes leviable thereon plus a redemption fine equivalent to 30% of the appraised value of seized goods.

Related Stories

stack of one hundred dollars notes on dollars background

Pakistan’s foreign currency deposits increase by $31m in September 2026

byCT Report
14/10/2026

KARACHI: Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026 from $6.935...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

LHC rejects delayed tax references filed by FBR & govt bodies

byCT Report
14/10/2026

LAHORE: The Lahore High Court (LHC) has declared all tax reference applications filed after the prescribed time limit inadmissible, ruling...

Pakistan seeks international investment through digital finance, says Bilal bin Saqib

byCT Report
14/10/2026

ISLAMABAD: Pakistan is focusing on expanding international investment opportunities by adopting modern financial technologies and contributing to the development of...

Next Post

FBR issues new sales tax amendment on petroleum products

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.